WASHINGTON The U.S. Treasury Department sanctioned 10 individuals Tuesday, accusing them of procuring critical weapons components for Iran's military programs. The action targets networks supporting the Islamic new Guard Corps (IRGC) and its drone development, aiming to disrupt Tehran's ability to develop and deploy advanced weaponry in the Middle East.
The Treasury's Office of Foreign Assets Control (OFAC) imposed the sanctions. The 10 individuals are linked to a procurement network operating in multiple countries, including Iran and China. They allegedly facilitated the acquisition of components for unmanned aerial vehicles (UAVs) and ballistic missiles.
The sanctions freeze any assets these individuals hold under U.S. jurisdiction. They also prohibit U.S. persons from engaging in any transactions with them, effectively cutting them off from the global financial system. This action aligns with President Trump's stated policy of maximum pressure on Iran. The administration seeks to curb Iran's regional influence and its support for proxy groups.
The Treasury Department has issued similar sanctions against Iranian networks this year. These actions consistently target entities involved in Iran's missile, drone and nuclear programs. The U.S. has also sanctioned Iranian officials and institutions for human rights abuses, part of a long-term strategy to isolate the regime.
The Treasury Department said it will continue to target any networks supporting Iran's destabilizing activities. Congress continues to review U.S. policy toward Iran, with several oversight hearings expected in coming weeks. The administration's next quarterly report on Iran sanctions enforcement is due in late October, detailing further actions.
